The re-import of articles of apparel and clothing accessories to Canada is forecasted to decline significantly from 2024 to 2028. Starting at $4.7 thousand in 2024, the value is expected to decrease by approximately 44% to $1.82 thousand by 2028. This is a substantial reduction, with an average annual decrease of around 20% (CAGR) over the five-year period.
Future trends to watch for include:
- Potential shifts in global trade dynamics impacting re-import volumes.
- Changes in consumer preferences possibly affecting re-import demand.
- Regulatory developments that could alter the landscape for apparel re-imports.